Accounting

A KICKBACK kɪkˌbæk

03 Oct 2019

Noun

  • an amount of money that is paid illegally for favours.
Example Sentence: The construction company was giving kickbacks to the local politicians.
 

BUDGET CONSTRAINT bʌdʒɪt kənˈstreɪnt

09 Aug 2019

Noun

  • things that limit the amount of money that can be spent.
Example Sentence: The department manager was restricted by strict budget constraints.
 

RECEIVABLES rɪˈsivəbəls

22 Jul 2019

Noun

  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.
 

PARENT COMPANY pɛərənt kʌmpəni

20 Jul 2019

Noun

  • a company that owns control of one or more subsidiary companies.
Example Sentence: It is the parent company of several publishing firms.
 

OVERHEADS ˈoʊvərˈhɛds

19 Jul 2019

Noun

  • the costs you pay regularly when running your business, e.g. the cost of electricity, heating, phone bills etc.
Example Sentence: Since the new management laid off half of our workers our overheads have been an all-time low.
 

CASHFLOW kæʃfloh

03 Jul 2019

Noun

  • the amount of money moving through a company.
Example Sentence: Accountants can advise on systems for managing cashflow.
 

ANALYST ænlɪst

30 Jun 2019

Noun

  • Somebody whose job is to carefully study and understand something.
Example Sentence: Business analysts say the crisis is likely to hurt the country’s economy.
 

DEPRECIATE dɪˈpriʃiˌeɪt

24 Jun 2019

Verb

  • to lose value, especially with time.
Example Sentence: In general, big cars tend to depreciate faster than smaller cars.
 

AUDIT ɔdɪt

17 Jun 2019

Noun

  • an investigation of a company's finances to make sure they are correct.
Example Sentence: They are carrying out the annual audit.
 

ROYALTY rɔɪəlti

19 Apr 2019

Noun

  • money paid to somebody (esp. a writer/musician) when their work is used.
Example Sentence: He receives royalties every time the advert appears on TV.
 

PAY UP peɪ ʌp

21 Jan 2019

Phrasal Verb

  • give money.
Example Sentence: You must pay up by Friday.
 

ACCOUNT FOR əˈkaʊnt fɔr

24 Dec 2018

Phrasal Verb

  • explain.
Example Sentence: She was unable to account for over $5000.
 

RECEIVABLES rɪˈsivəbəls

01 Dec 2018

Noun

  • money that a business expects to receive.
Example Sentence: The company generates roughly $400 million in receivables annually.
 

PROFITABLE prɒfɪtəbəl

29 Nov 2018

Adjective

  • making money or likely to make money in the future.
Example Sentence: The most profitable industries are those that are difficult to enter.
 

OUTLOOK aʊtˌlʊk

26 Nov 2018

Noun

  • how the future looks based on current predictions.
Example Sentence: The outlook for small firms has worsened in recent months.
 
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